ditech networks

Looks like Nuance has been up to more than just updating its myriad applications. The company has announced that it will acquire San Jose-based Ditech Networks for $1.45 per share, which works out to a net total of $22.5 million. While the boards of both companies have signed off on the transaction, the deal isn’t expected to close until later this year.
I can’t blame you if… Read More

Invariably, whenever you dial into a conference call, someone is always late. Everyone waits until the last minute to call, and then it takes forever to find the email with the dial-in number and the passcode, and by the time you get through the voice prompts, you’ve already wasted five or ten minutes. A new service launching today from Ditech Networks called PoketyPoke tries to… Read More

SimulScribe, the scrappy voicemail transcription company, didn’t get acquired exactly, but it just signed an exclusive partnership agreement with Ditech Networks that could be worth as much as $17 million. The deal is $7 million in cash up front with a $10 million earnout, and gives Ditech the exclusive rights to resell SimulScribe’s speech-to-text transcription services on a… Read More